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Marp Conton Event Firm had the following financial information for the past accounting period: Current Liabilities= $174,000 Long-Term Liabilities = $112,000 Total Fixed Assets =

Marp Conton Event Firm had the following financial information for the past accounting period:

Current Liabilities= $174,000

Long-Term Liabilities = $112,000

Total Fixed Assets = $240,000

Current ratio= 1.60

Based on the financial information, what is Marp's debt to total assets ratio for the past account-ing period?

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